France faces spending cuts amid rising debt

France’s public debt has surged from 69% to 112% of GDP over the past 15 years, and is projected to continue rising

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Near-term manufacturing prospects are subdued

Manufacturing growth will show little improvement and even though the outlook is weak, the risks remain to the downside

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Bahrain is switching focus from fiscal consolidation to longer-term economic diversification and expansion

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New Democracy is hoping to secure another term in power but its popularity is declining despite the improving economy.

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Recession will raise the share of NPLs in bank portfolios and cut demand for loans as interest rates rise to curb prices

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All major parties have adopted anti-migration and refugee positions ahead of the May 14 elections

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The IMF approved a two-year USD5bn, credit line for Morocco

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Although the economy is adjusting to a harsh post-invasion environment, its impacts will continue to play out in 2023

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Despite slowing growth, the Western Balkans' overall economic outlook is stable

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The IMF currently forecasts a small contraction in GDP this year, while inflation expectations remain high

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